Posts Tagged: cap-and-trade
Opinion
OPINION: California’s cap-and-trade program is working. Since it was launched in 2013, the system has helped drive down greenhouse gas emissions, while the state’s economy has flourished. The billions of dollars the program generates have funded “climate credit” payments to electric utility customers, low-carbon transit projects, and home weatherization improvements in low-income communities.
Opinion
OPINION: Floods, mudslides, multi-year drought and massive, destructive wildland fires are only some of the extreme climate-related disasters California and its local communities face. If you live in California, the odds are that you are living in a danger zone.
Opinion
OPINION: Clean energy is taking over the world, driven by a combination of climate change policies and market economics. California has paced America in seizing this opportunity, building a thriving green economy through smart policy. But the fate of California’s cap-and-trade program, a cornerstone of the state’s green growth strategy, depends on the state Legislature extending the program beyond 2020
Opinion
OPINION: Intense pressure will be applied by some legislators, regulators, and stakeholders who favor a heavy-handed command and control approach instead of market-based measures to clean the air and reduce GHGs. Look no further than the March 3 South Coast Air Quality Management District (SCAQMD) governing board meeting for a real-life example.
Opinion
OPINION: Gov. Jerry Brown has called Donald Trump’s election the proverbial “heart attack” to get California off of the equivalent of cigarettes — climate-destroying fossil fuels. But for Brown to be the foil to Trump’s anti-environmental policies, it’s going to take a lot more than launching California’s own climate-tracking satellite.
Opinion
OPINION: The California Air Resources Board (CARB) recently released the latest quarterly allowance auction results for California’s cap-and-trade program. While demand rose compared to the previous auction in May, a majority of allowances still went unsold due to uncertainty over the program’s future past 2020 – suggesting policymakers should take action, not solace, from better August auction results.
News
It’s a familiar fight in the Capitol: Oil companies and their allies say jobs and Californians’ ability to get from place to place at reasonable cost are at stake, which can have a dramatic impact on lower income workers. Environmentalist say the future of the planet is what it’s all about, starting in California. Ultimately, the issue may be decided by millions of voters — not Sacramento lawmakers.
Opinion
OPINION: When the California Air Resources Board released the results of its May auction of carbon allowances, audible gasps from around the state could be heard from the space station. I kid – but only just a little. The auction results did in fact create a great shock: many had expected at least half a billion dollars to be collected at the quarterly auction, but the auction generated only about ten million dollars. But here’s the truth: The super-low May auction result should actually help the State’s legal defense of cap-and-trade.
Opinion
Gov. Jerry Brown proposed in his recent state-of-the-state address that California should take steps to approve an aggressive new greenhouse gas reduction goal for 2030. This additional proposal would take California beyond the current 2020 goal set by Assembly Bill 32, the California Global Warming Solutions Act of 2006. The AB 32 Implementation Group is concerned that creating a 2030 goal will shift attention away from current regulations that are intended to meet the greenhouse gas emissions goal California’s elected officials adopted in 2006 for 2020.
News
Jerry Brown kept the purse strings tight on the University of California, but proposed an $8 billion boost for public education and wants to spend $1 billion of cap-and-trade auction money on high-speed rail. transit and related projects. In the first budget of his last term in office, the Democratic governor offered a $164 billion spending plan — $113 billion of it in the General Fund, the state’s coffer of sales, income and business taxes — for the 2015-16 fiscal year that begins July 1.
An oil refinery at twilight as the lights come on. (Photo: Phonix_a Pk.sarote, via Shutterstock)
